Entersekt has integrated NuData’s behavioral biometrics technology into its own Entersekt Secure Platform. The partnership will make the NuDetect solution more readily available to Entersekt’s customers in the financial industry.
NuDetect is an analytics platform that assigns a risk score to each transaction to facilitate a seamless user experience. The scores are based on device and behavioral data that compares the current session to prior account activity, negating the need for step-up authentication in low-risk cases once NuDetect determines that the user is legitimate. However, step-up authentication may still be required in cases that demand greater security. NuDetect is compatible with FIDO keys, biometrics, and other forms of authentication.
“NuDetect complements Entersekt’s strong device ID with an inherent factor to seamlessly tie the human to the device and brings a new dimension to our regulatory compliant strong authentication suite,” said Entersekt Chief Strategy Officer Dewald Nolte. “By combining our technologies, we remove friction for users interacting online.”
The Entersekt Secure Platform is designed to protect the payment and banking industries, generating a digital certificate that turns a consumer device into a secure authentication factor. The platform has offered support for behavioral biometrics in the past, most notably with the integration of BioCatch’s behavioral biometrics solution back in 2019.
NuData, meanwhile, is a subsidiary of Mastercard. The company has repeatedly emphasized the importance of mobile security in a remote work environment, arguing that behavioral biometrics can help merchants retain online customers in the wake of COVID-19.
“The pandemic led many consumers to shift more of their shopping online during the first half of this year,” said NuData SVP Michelle Hafner. “Our analysts saw a 500 percent increase in account creation fraud during this period, reinforcing the need to leverage state-of-the-art technologies that differentiate between valid users and bad actors.”
NuDetect will be available to every client using the Entersekt Secure Platform, regardless of any affiliations they may have with card brands other than Mastercard.
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September 2, 2020 – by Eric Weiss
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